WHAT DO I GET HERE?
This page shows the exchange rate of the most traded commodities, classified in metals (gold, silver, aluminium,...), energy (West Texas Intermediate, Brent oil, gas…) and agricultural commodities (cocoa, coffee, corn…). You can see if a particular commodity is strong or weak in a given day. From this page, you can also analyze and figure out how commodity currencies (that is mainly the AUD, NZD and CAD) might evolve.
ABOUT THESE RATES
Our rates present high-frequency updated data directly coming from more than 170 big interbank liquidity providers such as ABN Amro, Abbey National Bank, JP Morgan Chase, Zurcher Kantonal Bank, UBS Investment Bank, Westpac and many more. The real time streaming feed displays Open, High, and Low rates as well as the performance in pips and percentage compared to the price close at 00:00 GMT. Click on a pair to get detailed information.
Commodities take leadership usually in inflationary times, as a hedge against inflation. Moreover, gold also carries important psychological weight as a hedge against economic uncertainty. A bottom and rise in copper prices - considered a barometer of economic health - may be bearish for bonds and for utilities which are interest rate sensitive.
The price of energy, more than a psychological effect on the inflation picture, has also an important impact on the economy: rising oil represents a tax on the economy and has the unfortunate result of slowing prospects for economic growth, which in turn results in lower interest rates and higher bond prices.